Foreign Minister Espen Barth Eide, who is visiting Kyiv, announced the allocation of 4 billion kroner in aid to Ukraine, which will be directed to the energy sector and the functioning of the Ukrainian state.
“Today in Kyiv, it is 16 degrees below zero. We can only imagine how cold it is when the electricity disappears, often for six hours at a time. This is money that Ukraine desperately needs and needs now. Several times a week, Russia attacks the infrastructure that provides electricity to ordinary people in Ukraine. Ensuring that Ukrainians can keep warm, cook food and live their lives more or less as usual is very important for them to be able to continue to endure this war. A war they are fighting on behalf of all of us,” Eide said.
It is noted that Norway is in constant dialogue with the authorities in Kyiv and other stakeholders regarding the distribution of Norwegian support to the energy sector. The goal is to meet Ukraine’s needs and share the risks. It is important to support energy production and strengthen the resilience of the energy sector.
‘It is necessary to finance the purchase of gas that can be delivered quickly. At the same time, it is necessary to repair damaged infrastructure and purchase spare parts,’ Eide explained.
Norway’s contribution will be channelled through partners such as the European Bank for Reconstruction and Development (EBRD) and the European Energy Community, which aims to extend the EU’s internal energy market to third countries such as Ukraine. This has been agreed with other key donors.
The official exchange rate on Monday was 1 Norwegian krone to 4.2606 hryvnia (or about $0.1).
